Milestones

1974

Ong Commodities was a sister company of Ong & Co, the largest stock broking firm in Singapore. We were the first commodities firm approved to deal in commodities futures by the relevant regulator in Singapore.

1970s

Ong Commodities was the main distributor in South East Asia for Noranda Inc’s products – copper, zinc and lead.

1984

Ong Commodities formed OngFirst Chicago Pte Ltd through a joint venture with The First National Bank Of Chicago (FNBC), and became a leading founding clearing member of Singapore International Monetary Exchange - SIMEX. (Now known as Singapore Exchange Derivatives Trading - SGX-DT).

2002

In May, G.K. Goh Holdings Ltd; a Singapore Listed company, purchased Bank One’s 35% stake in Ong First Chicago Pte Ltd.

2003/4

Ong Commodities opened the first representative office in Jakarta.

2009

Ong Commodities opened the representative office in Shanghai.